Sanoma Men's Magazines has acquired 100% of the outstanding shares of Wegener Golf BV. With the takeover, Sanoma Men's Magazines included the magazines GOLF Journaal, GolfNieuws, Golf Extra, and Golfers Magazine as well as related internet activities and special events in its special interest portfolio.
The takeover will be retroactive as of January 1, 2006. The name Wegener Golf BV changes into Golf Media BV. All 15 employees of Wegener Golf will join the new organisation.
With this acquisition, Sanoma Men's Magazines also covers the segment golf. – Golf magazines are a logical expansion of our special interest portfolio, which comprises Sportweek, Zeilen, Fiets, Formule, AutoWeek, Moto73, Motor Magazine, and Truckstar. Also the online and other expansion opportunities fit in our growth strategy, says Auke Visser, Managing Director of Sanoma Men's Magazines.